Politicians who are principled enough to point out the fraud of Social Security, referring to it as a lie and Ponzi scheme, are under siege. Acknowledgment of Social Security's problems is not the same as calling for the abandonment of its recipients. Instead, it's a call to take actions now, while there's time to avert a disaster. Let's look at it.

According to Harvey Rosenblum, a top economist at the Dallas Federal Reserve Bank, the American economy is at the “knife edge” between growth and contraction. He spoke at a forum sponsored by the San Antonio Chamber of Commerce on September 27. “We are in the midst of the Second Great Contraction,” he observed, adding that he didn’t think that “monetary policy tweaks” would help much. “The patient isn’t responding well to the medicine,” he said.

By fiat of the Fourth Estate, all current GOP presidential candidates but two have already been effectively eliminated in the year preceding the first vote in any caucus or primary. Heck, they were probably eliminated before the first straw poll. A recent article by the Associated Press informs us, not for the first time, that the competition for next year's Republican presidential nomination is a two-way race between Mitt Romney and Rick Perry. Gee, and it seems like only yesterday when much of the major “mainstream” media were preparing us for a general election between nominees Rudy Giuliani and Hillary Clinton. Time flies when they're crowning presidents, I guess. Heck, I can barely remember the Howard Dean administration.